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If you handed Warren Buffett the keys to a palace, he’d probably trade them for a burger, a Coke, and a quieter zip code.
In a 2013 CBS News interview, the Berkshire Hathaway CEO praised his Omaha, Nebraska, home—just a regular, snowy Midwestern house—and said the thing most billionaires wouldn’t dare admit.
“I could buy any house in the world,” Buffett said. “And I don’t want any other house than the one I’m in.”
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The home he’s talking about? It’s not a 12-bed, 19-bath, AI-controlled smart mansion. It’s a five-bedroom, 2.5-bath stucco home in Omaha’s Dundee neighborhood, built in 1921 and purchased by Buffett in 1958.
Back then, he paid $31,500 for it. Today, it’s worth exponentially more, around $1.4 million—though still modest by billionaire standards. Zillow pegs the average home value in Dundee at $416,276, up 3.3% from last year. And that’s for the whole area, not some private gated enclave with its own security detail and helipad.
Still, for Buffett, comfort doesn’t mean extravagance. It means consistency.
“That house is in a middle-class neighborhood,” he explained. “I’m happy in a pair of khakis and a sweater.”
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This isn’t a guy who shops for tastefully minimal $35 million Manhattan penthouses to “blend in.” He’s not renting out entire islands. He’s sipping Cherry Coke in the same place he’s called home for over six decades. In that same CBS interview, Buffett explained that his father bought their family’s previous house in 1925, just two weeks before getting married. The mortgage? $55 a month.
Let that sink in.
Even now, with a net worth of $147 billion, Buffett hasn’t budged. He’s 95 years old and still sleeping under the same roof he raised his kids under. His garage isn’t lined with Rolls-Royces—it’s where he keeps his Cadillac. His wardrobe doesn’t rotate with the seasons—it sticks with khakis and the occasional suit, if absolutely necessary.
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Buffett’s lifestyle has long been a case study in frugality, but it’s also a quiet rebellion against the billionaire stereotype. In an age of hyper-consumerism and flex culture, he’s proof that happiness isn’t behind a gated entry—it’s inside a house with good memories and neighbors who don’t care what you’re worth.